SoldNov 8, 2024

106/325 Nepean Hwy, Frankston, VIC, 3199

$191,000

2
1
1

Apartment

30+ days on the market

Sold: Nov 8, 2024

What's around 106/325 Nepean Hwy

Budget Bayside Buying At Its Brilliant Best !!

Perfectly positioned in this gated complex on the 1st floor, this spacious apartment is one of the original dwellings on the site thus it is larger than most others plus has extras like robes, laundry facilities, a separate toilet and large bathroom. Conveniently located within 250m to the beach, 650m to Frankston Central and about 1.1kms to the Train Station this is brilliant investment! This neat and tidy two bedroom apartment offers: -Built in robes (both bedrooms) -Close to the car park entrance - Large bathroom with bath - North facing balcony - Solid brick walls Walking distance to Frankston Shopping Centre, Frankston Beach, public transport, restaurants and more, this apartment boasts convenience and emphasises on location! The long standing tenant moved in Jan 2018 and is paying $260 per week, due to be increased to $285 early August. This is undervalued and the market rent is about $340 per week, Please note, these photos are from the old tenant and currently do not reflect the current state/condition. Please refer to the video link for an understanding of the apartments current state. The annual Council Rates are approx. $619 The quarterly body corp costs are approx $1,427.55

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